Economy is headed in the right direction after recovering from the Great Recession. Unemployment is falling slowly, but steadily creating many job opportunities for those who had left work for several years. This has improved consumer confidence, which in turn is helping small businesses who were hit really hard in the recession. Small business owners are feeling quite optimistic about the future of overall economy and hence their own business. They have started to spend money on their service needs and are looking for new financing to grow their business. This virtuous cycle is expected to help US move in the right economic direction for the foreseeable future. Look at the Infographic below to see how this optimism by small businesses is creating growth opportunities for everyone.
Presented by California Bank & Trust, Business Banking